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  1. #1
    Senior Member JohnDoe2's Avatar
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    Mexico can tap $10 Billion to address coronavirus, president says

    Mexico can tap $10 bln to address coronavirus, president says

    Reuters•April 3, 2020


    MEXICO CITY, April 3 (Reuters) - Mexico will be able to tap around $10 billion from various funds and trusts to alleviate the economic impact of the coronavirus pandemic, President Andres Manuel Lopez Obrador said on Friday.

    Mexican gross domestic product is expected to suffer a sharp recession this year due to the crisis, and Lopez Obrador said he would lay out the "basic guidelines" of a plan to lift the economy in an address to the nation on Sunday.


    On Thursday, the government said it would wind up a series of funds and trusts that would free up funds.


    "We can collect in total, just from trusts and funds, around 250 billion pesos ($10 billion)," Lopez Obrador told reporters at a regular government news conference. "It helps us, plus other saving measures that I will explain on Sunday."


    The finance ministry, in a report used to guide the budget, said this week that among the "buffers" for the economy is some $6.6 billion available as of the end of 2019 in the Budget Revenue Stabilization Fund.

    Lopez Obrador has promised to focus his response to the coronavirus outbreak on helping the poor.

    ($1 = 24.9610 Mexican pesos)

    https://news.yahoo.com/mexico-tap-10...003024166.html
    NO AMNESTY

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  2. #2
    Senior Member Beezer's Avatar
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    Use some of that money to load up all illegal aliens in Mexico and bus them back over their southern border and on down the line.
    TO BECOME AN AMERICAN YOU MUST CHANGE YOUR VALUES ...NOT YOUR LOCATION

    STAY HOME AND BUILD AMERICA ON YOUR SOIL

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